Hi Traders, This is my testing strategy which implemented Trading View's trailing stop loss feature. This strategy mainly focus on ETH/USDT perp contract15 minutes timeframe, backtest capital is set to 1000 USDT, 10% equity, 0.04% commission, limited backtest date from Jan 2022 to now, result as shown below. I have faith in this strategy, but still please use only...
Hi Traders, I'm republishing this script as I finally polished it to perfection IMO. The script uses 5 coding sections: entry, trend filter, pivot filter, take profit, and stop loss. The script mainly uses trailing as take profit; this is probably the easiest way to make a profitable scalper strategy. Backtest capital is set to 1000 USDT, 35% equity, 0.04%...
Time Zone / Market Sessions indicator is a handy tool to display current major Market Open / Close condition along with present time at that Exchange. Sydney, Tokyo, London, New York market sessions are included. Clear display of Overlap Zones and Kill Zones.. Can be used to estimate market Pumping and Dumping. Alerts can be set when a market opens. Time is...
RSI Momentum Bands serve a purpose to find best RSI momentum for entering a trade. Indicator is built simply: 1st RSI MA is smoothed RSI by little period, 2nd RSI MA is smoothed RSI by a bigger period. Then we calculate standard deviation from the 2nd MA and make upper and lower band. The rules for trades are simple: When RSI is above higher band - Buy ; ...
This indicator is a 32 point heat map with currently 17 indicators built in. You can adjust the normalization period of the heatmap, delta lookback, and you can invert the price scale. I have also included smoothing so that the heatmap is easier to read. Please let me know if I missed any indicator that would benefit from a heatmap view. Thank you very much for...
Its the part 2 of Multiple Indicators 50EMA Cross Alerts. Its more suitable for the seconds chart. Beside, you can use it in higher timeframe. The input bars length is the sample size that the code will use to trigger all alert. 20 mean 20 bar after the current candle. When you activate volume alert you can select an amount of volume that when volume cross it...
Percent Research is an indicator that will plot a color / column on the chart in case custom requirements are met. The requirements are: - Price : Price requirement (equal or above input). - Change % Up : Amount the price have moved up in percent (equal or above input). - Change % Down : Amount the price have moved down in percent (equal or below input). - ...
This is a recreation of the work done by Michael Rechenthin aka "Dr.Data" from Tastytrade back in 2016 (this indicator is for SP:SPX only) You can watch the episode where "Dr.Data", Tom and Tony go over this concept on the following link: www.tastytrade.com The following are my personal additions: - ability to choose between TVC:VIX and NASDAQ:VOLI as the...
█ OVERVIEW This indicator show lines of OHLC which can be commonly used as support and resistance zones. OHLC can be shown table with candlestick visual. Color of candlestick depends on direction of bullish / bearish of the chosen candlestick. █ INSPIRATION Inspired by design, code and usage of CAGR . Basic usage of custom range / interactive, pretty much...
Japanese below / 日本語説明は下記 One of the key success factors in trading is to keep consistency. So, how to become consistent? How to avoid FOMO entry? One of the ways to remain consistent is to prepare for a checklist and check if all criteria are met before you take trades. That’s why I made this indicator. How to use it? You can set up to 10 criteria. You can...
This script calculates the position size base on the stop loss price, entry price, and the percent of equity willing to risk. Formula: (Asset Quantity) = (Amount Risk at Trade) / (Price Difference Between Entry Price and Stop Loss) or Position size = (% Equity at Risk) * (Equity) / (Entry...
This is a tool to know the strikes to use for Iron Condor. You can change the colors for the lines. It uses the VIX to estimate the movement of the SPX index.
This indicator gives you the ability to display a heiken ashi candle on top of your regular chart. The period of the candle can be changed. The example above shows the 1W heiken ashi candle on top of the 4h candle.
The Ghost Ninja Moving Average indicator contains three ema averages. These are ema 21, ema 55 and ema 233. The values of the averages appearing on the screen are adjusted according to their own lengths. If you want, you can change the settings from the "Numbers of bars back" setting. The 1st moving average (EMA-21) will follow the price and will disappear if the...
Hello traders This script is an upgraded version of that one below New features - Upgraded to Pinescript version 5 - Added the exit SL/TP now in real-time - Added text fields for the alerts - easier to send the commands to your trading bots Step 1: Create your connector Adapt your indicator with only 2 lines of code and then connect it to this...
If ever in need for a quick way to swiftly check some random trades or brag to your 'friends'/buddies/pals/haters/followers/the_crowd with fabricated winnings .. This Script is for you. Either set the entry and exit dates for a maximum of up to 10 trades (either Long or Short) via Menu or simply drag the 'handler' to the desired time/date. Next fill in how many...
Pair-Trading is a recognized and widely used trading method, this indicator is a tool that allows via several display interfaces (2 at the moment) to see relative performance ratios of two assets. The inputs are pretty simple to understand but here is the list of them : - Ticker #1 : The first Asset's ticker // numerator of the ratio - Ticker #2 : The...
The S&O version of our Backtesting System™ product is an innovative strategy script that encompasses features + optimization methods from our Signals & Overlays™ toolkit and combines them into one easy-to-use script for backtesting the most detailed trading strategies possible. Our Signals & Overlays™ toolkit is notorious for its signal optimization methods such...